Goldman Sachs Group Inc. Increases Holdings in Datawatch Corporation (DWCH)

Goldman Sachs Group Inc. boosted its position in Datawatch Corporation (NASDAQ:DWCH) by 123.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,495 shares of the technology company’s stock after purchasing an additional 26,219 shares during the period. Goldman Sachs Group Inc. owned about 0.39% of Datawatch Corporation worth $442,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Citadel Advisors LLC purchased a new position in Datawatch Corporation in the second quarter worth about $760,000. Archon Capital Management LLC boosted its position in Datawatch Corporation by 29.2% in the second quarter. Archon Capital Management LLC now owns 351,259 shares of the technology company’s stock worth $3,267,000 after purchasing an additional 79,363 shares during the last quarter. OxFORD Asset Management LLP purchased a new position in Datawatch Corporation in the second quarter worth about $300,000. EAM Investors LLC boosted its position in Datawatch Corporation by 100.7% in the second quarter. EAM Investors LLC now owns 148,114 shares of the technology company’s stock worth $1,377,000 after purchasing an additional 74,299 shares during the last quarter. Finally, Algert Global LLC purchased a new position in Datawatch Corporation in the second quarter worth about $103,000. 40.10% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have issued reports on DWCH. Canaccord Genuity reissued a “hold” rating and issued a $10.00 target price on shares of Datawatch Corporation in a research report on Monday, October 30th. Zacks Investment Research cut Datawatch Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th.

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Datawatch Corporation (DWCH) opened at $10.55 on Tuesday. Datawatch Corporation has a 12-month low of $5.25 and a 12-month high of $12.65.

Datawatch Corporation (NASDAQ:DWCH) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported ($0.01) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.03). Datawatch Corporation had a negative net margin of 11.01% and a negative return on equity of 6.84%. The company had revenue of $10.20 million for the quarter, compared to analysts’ expectations of $9.49 million. The firm’s quarterly revenue was up 18.6% on a year-over-year basis. sell-side analysts predict that Datawatch Corporation will post 0.09 EPS for the current fiscal year.

Datawatch Corporation Profile

Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.

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Institutional Ownership by Quarter for Datawatch Corporation (NASDAQ:DWCH)

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